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May 11, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Sheboygan, Business Loans > Wisconsin Community Bank Sheboygan Business Loans > Sporting And Athletic Goods Loan | ||||
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Sheboygan, Wisconsin Bank for SBA Loans
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Sheboygan, Wisconsin Bank Lends Money to Sporting And Athletic Goods Company in St Paul, MinnesotaFind Sheboygan, Wisconsin banks that specialize in SBA loans and know how to work with entrepreneurs. Wisconsin Community Bank is one such bank, as evidenced by this SBA loan to one business. Finding a small business loan in St Paul, Minnesota starts with an understanding of who else has gotten loans in the area. In this case, a local small business received funding from Wisconsin Community Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: SPORTING AND ATHLETIC GOODS SBA Loan Lender WISCONSIN COMMUNITY BANK The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide debt financing to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 3949 - Sporting and Athletic Goods NAICS Code 339920 - Sporting and Athletic Goods Manufacturing Loan Approval Date 2/5/2001 Loan Approval Gross Amount $400,000 Loan Approval from the SBA Of the total $400,000 loan amount, the SBA guaranteed $300,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 11 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links: Obtaining Funding - Getting Venture Capital Who Lends Money to Small Businesses in Sheboygan, Wisconsin
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